Daily Insider Signal · June 22, 2026
Insider Alert: Le Phong Bought 11,000 Shares of MSTR (Strategy Inc)
MSTR
Bought
11,000
70/100
This trade scores 60/100, suggesting above-average signal strength. The purchase size and insider role indicate meaningful skin in the game, though some noise factors (e.g., timing proximity to earnings) slightly dampen the signal.
What to watch: Monitor upcoming earnings dates, any subsequent Form 4 amendments, and cluster activity (multiple insiders buying within a 30-day window). Single-insider signals are most powerful when corroborated by broader insider clustering or supportive technical trends.
What this signal means
This alert is based on an SEC Form 4 filing, which insiders must file within two business days of trading their own company's stock. Form 4 disclosures are one of the earliest public signals of how corporate insiders view valuation and near-term outlook.
DisclosureSignals scores each filing on multiple factors—trade size relative to holdings, transaction type, insider role, timing patterns, and historical follow-through. The resulting signal score helps you quickly separate high-conviction purchases from routine or noise trades.
What this signal means
DisclosureSignals scores every SEC Form 4 filing on a 0–100 scale. This trade earned a 60/100 signal score by weighing the transaction type, insider role, trade size, cluster buying, the insider's own history, and whether the trade was discretionary rather than part of a scheduled 10b5-1 plan. A higher score indicates a more unusual, conviction-driven purchase. Read the full methodology.
See every recent Form 4 filing for MSTR, including historical insider trades and trend context.
Transaction Details
- Insider
- Le Phong
- Company
- Strategy Inc
- Transaction Date
- June 22, 2026
- Price Per Share
- $90.80
- Total Value
- $998,756
- Type
- Purchase
Related resources
- All MSTR insider trading activity — view recent Form 4 filings for Strategy Inc.
- How the signal score works — the methodology behind our insider-trade rankings.
- What is SEC Form 4? — a guide to reading insider filings.
- Congressional stock trades — how to track trading by elected officials.
- What is a 13F filing? — how institutional investors report quarterly holdings.
Get real-time insider alerts
DisclosureSignals monitors SEC EDGAR every 15 minutes and scores every Form 4 filing. Upgrade to Basic or Premium to receive alerts as they happen.
Start your free trial →